Rockefeller Capital Management L.P. Raises Stake in First Trust Cloud Computing ETF $SKYY

Rockefeller Capital Management L.P. increased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 9.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 72,163 shares of the company’s stock after purchasing an additional 6,430 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in First Trust Cloud Computing ETF were worth $9,387,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Parallel Advisors LLC grew its stake in First Trust Cloud Computing ETF by 97.0% during the third quarter. Parallel Advisors LLC now owns 197 shares of the company’s stock worth $26,000 after buying an additional 97 shares during the period. N.E.W. Advisory Services LLC purchased a new position in shares of First Trust Cloud Computing ETF in the 4th quarter valued at $30,000. Franklin Resources Inc. acquired a new position in shares of First Trust Cloud Computing ETF during the 4th quarter valued at $33,000. Russell Investments Group Ltd. lifted its holdings in shares of First Trust Cloud Computing ETF by 177.9% during the 4th quarter. Russell Investments Group Ltd. now owns 289 shares of the company’s stock valued at $38,000 after acquiring an additional 185 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in First Trust Cloud Computing ETF during the 4th quarter worth $47,000.

First Trust Cloud Computing ETF Trading Down 2.0%

Shares of NASDAQ SKYY opened at $126.52 on Friday. First Trust Cloud Computing ETF has a 12-month low of $103.76 and a 12-month high of $155.76. The company has a market cap of $2.61 billion, a P/E ratio of 33.85 and a beta of 1.24. The stock has a fifty day moving average price of $130.19 and a 200 day moving average price of $122.91.

First Trust Cloud Computing ETF Company Profile

The First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund that is based on the ISE Cloud Computing index. The fund tracks an index of companies involved in the cloud computing industry. Stocks are modified-equally-weighted capped at 4.5%. SKYY was launched on Jul 5, 2011 and is managed by First Trust.